Air France to cut 2,500 jobs without layoffs

Air France to cut 2,500 jobs without layoffs
AP
Comment E-mail Print Share
First Published: Wed, Apr 15 2009. 02 22 PM IST
Updated: Wed, Apr 15 2009. 02 22 PM IST
Paris: Air France plans to eliminate 2,500 jobs over the next two years, without making layoffs but through natural attrition, a spokesman for the French airline said on Wednesday.
Air France, part of the Air France-KLM group, currently employs 70,000. It has seen its passenger traffic numbers shrivel since the start of the economic crisis and last month it forecast an operating loss of about €200 million ($272.1 million) for its fiscal full year, which ended 31 March.
Air France’s job cuts will be made by not replacing retiring workers and not renewing short-term contracts, airline spokesman Jerome Nguyen said.
Until last month the airline group had been forecasting a profit, but passenger and cargo traffic has been hit by a decline in business travel and international trade.
Air France-KLM’s passenger traffic fell 9.4% in March, with traffic within Europe and on routes to the Americas particularly hard-hit.
Comment E-mail Print Share
First Published: Wed, Apr 15 2009. 02 22 PM IST
More Topics: Air France | Jobs | Employees | Airlines | Aviation |